New Jersey DSCR Loans
DSCR loans in New Jersey by Easy Street Capital: Rates from 5.75%, up to 80% LTV for purchases/refis, 75% cash-out, no min DSCR. Lending statewide, including Newark and Jersey City.
EasyRent is our tailored and industry-leading DSCR Loan solution for New Jersey real estate investors. Whether you are acquiring property to expand your portfolio or cashing out your capital in a refinance, we have a loan for you. Our DSCR Lending Program has solutions for anyone – from first-time investors to industry veterans looking to rapidly scale their portfolios. We are confident we can find you a great New Jersey DSCR loan in a quick, efficient and easy process. Click the button below and get started today!
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What is a DSCR Loan?
A DSCR Loan is a mortgage loan for a residential income-producing property. It is primarily based on the “Debt Service Coverage Ratio” or the cash flow of the property, rather than the borrower’s income. A traditional mortgage loan will require income verification, tax returns and a “Debt-to-Income” (DTI) ratio. DSCR Loans require none of these! Perfect for real estate investors ready to scale (no more W2!) or are looking leave behind the hassle, paperwork and headaches of conventional financing, DSCR Loans are quickly becoming the go-to loan option for real estate investors.
For a comprehensive definition, “DSCR Loans are mortgage loans secured by residential real estate turnkey properties strictly used for a business purpose and underwritten primarily based on the property.”
DSCR Loan Definition Breakdown
- Mortgage Loans = form of loan that is secured by collateral, collateral = real estate
- Residential Real Estate = properties used for people to live in vs. commercial, which is used to operate businesses (offices, retail, industrial, hotel, self-storage, etc.). In real estate finance, residential also typically refers to “1-4 unit” properties, anything more would be considered “multifamily”
- Business Purpose = DSCR loans strictly do not allow the owner of the property to live in the property, it must be used for “business” or investment purposes. Includes use of “cash-out proceeds”
- Underwritten = How lender evaluates (and then prices) the risk of the loan
- Primarily Based on Property = Mostly based on property, but also look at sponsor
- Turnkey = property doesn’t require any renovation, “turn the key and go”
Looking to get a deeper understanding of all things DSCR? Check out our DSCR Loans Guide below!
New Jersey Recent DSCR Fundings
Real Investments. Real Results.
Real estate investors in The Garden State are turning to DSCR Loans as a strategic tool to expand and manage their investment property portfolios. DSCR loans allow investors to secure financing based on the property's ability to generate income (rather than an investor's individual credit profile). In a market like New Jersey, where real estate prices have shown steady growth and rental demand remains steady, DSCR loans offer investors a flexible and effective means to acquire new properties, improve existing ones, or refinance their assets. Easy Street Capital is proud to be a leading provider of DSCR loans for New Jersey real estate investors looking to build rental portfolios! Check out our most recently funded DSCR loans in New Jersey below:
Duplex
Lyndhurst, NJ
$799,200 New Jersey DSCR Rental Loan for an Acquisition of a rental property in Lyndhurst. This spacious 3,067 sq. ft. duplex features two well-appointed units—each with three bedrooms—and has been recently updated throughout, including kitchens, bathrooms, flooring, and major systems. Located near shopping, schools, and key amenities, it sits in a stable urban market and is well-positioned for long-term rental demand.
Single-Family Residence
Princeton, NJ
$1,320,000 New Jersey DSCR Rental Loan for a Cash-Out Refinance of a rental property in Princeton. The home combines historic 1730 charm with nearly $350K in modern renovations, including full utility, mechanical, and interior upgrades. It’s located in Princeton’s highly desirable, walkable community near shops, dining, and Princeton University.
Single-Family Residence
Seaside Heights, NJ
$775,200 New Jersey DSCR Rental Loan for an Acquisition of a rental property in Seaside Heights. This beach house, located just blocks from Seaside Heights Beach and Boardwalk, offers easy walking access to restaurants, shops, amusement rides, and entertainment. It is intended for use as a short-term rental property upon purchase.
Multifamily (7-Unit)
Atlantic City, NJ
$419,250 New Jersey DSCR Rental Loan for a Cash-Out Refinance of a rental property in Atlantic City. This fully occupied multifamily investment property features recently renovated units and exterior upgrades. Its location near the iconic boardwalk and casino resorts offers tenants access to a popular area with diverse nightlife, dining, and entertainment options.
Single-Family Residence
Seaside Heights, NJ
$858,500 New Jersey DSCR Rental Loan for an Acquisition of a rental property in Seaside Heights. Just one block from Seaside Heights Beach and Boardwalk, this beach home offers walkable access to restaurants, shops, and local attractions. With plans to operate as a short-term rental, it’s perfectly positioned for strong seasonal demand and steady income potential.
Single-Family Residence
Keansburg, NJ
$467,500 New Jersey DSCR Rental Loan for a Cash-Out Refinance of a rental property in Keansburg. This Jersey Shore property, located at the northern tip with Atlantic Ocean and Keansburg Beach views, features a five-bedroom main residence and a two-bedroom carriage house ADU, perfect for flexible short-term rentals.
Duplex
Paterson, NJ
$530,000 New Jersey DSCR Rental Loan for a Cash-Out Refinance of a rental property in Paterson. The residence provides easy access to major highways, making commuting to Newark, Jersey City, and New York City convenient. Additionally, it is close to Great Falls National Historical Park which features a stunning 77-foot waterfall and scenic walking trails.
PUD
Medford, NJ
$255,000 New Jersey DSCR Rental Loan for an Acquisition of a rental property in Medford. Nestled amidst natural beauty, the residence provides easy access to Medford Memorial Community Center Park and the Pinelands National Reserve, perfect for enjoying hiking, biking, and outdoor adventures.
Single-Family Residence
Newport, NJ
$247,000 New Jersey DSCR Rental Loan for a Cash-Out Refinance of a rental property in Newport. This beach-style property is situated less than a mile east of the Delaware Bay shoreline, offering easy access to opportunities for enjoying coastal scenery and activities.
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